Treasure Global Inc. (NASDAQ:TGL) Short Interest Down 73.7% in December

Treasure Global Inc. (NASDAQ:TGL) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 111,200 shares, a decline of 73.7% from the December 15th total of 423,600 shares. Currently, 0.8% of the company’s shares are short sold. Based on an average daily trading volume, of 7,050,000 shares, the short-interest ratio is currently 0.0 days.

Treasure Global Price Performance

Shares of NASDAQ TGL traded down $0.00 during midday trading on Tuesday, hitting $0.20. 1,293,984 shares of the company’s stock were exchanged, compared to its average volume of 50,812,016. The firm’s fifty day simple moving average is $0.27 and its 200-day simple moving average is $0.91. Treasure Global has a twelve month low of $0.15 and a twelve month high of $12.59.

Treasure Global Company Profile

Treasure Global Inc offers e-commerce activities through its platform. Its platform provides consumers and merchants instant rebates and affiliate cashback programs, while providing a seamless e-payment solution with rebates in both e-commerce and physical retailers/merchant settings. The company offers ZCITY App, a payment gateway platform.